Medinah Mining Inc. (MDHM) Message Board

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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)

MDMN 0.000001000

-99.0%

Jun 3 1:07 PM EST

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To: Handshake™ who wrote (5771)	8/26/1998 11:45:00 AM
From: Mike Gold	Read Replies (2) of 25548

Vince, a couple of comments: No gold company currently has that kind of money for buyouts. However, I did read somewhere recently that most simply convert shares of the buyout company to their own-dilution. Won't be necessary to "Prove" the resource in order to sell it. However, you must demostrate to the satisfaction of the buyer, that yea amount of gold is there at certain confidence level that the buyer is comforable with. A good IP survey and 18 holes might be enough for the porphryr deposit. Also, Vince, have any idea why we are having a shareholders meeting? Is it because a legal requirement or is something important going to be decided at the meeting?

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